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Thursday, 08/05/2021 3:30:56 PM

Thursday, August 05, 2021 3:30:56 PM

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Ford to offer salaried buyouts, hopes to cut 1,000 U.S. positions
By: Reuters | August 5, 2021

WASHINGTON (Reuters) - Ford Motor (NYSE:F) Co confirmed Thursday it hopes to cut 1,000 U.S. salaried positions as it offers voluntary incentives to leave to some white-collar employees in select areas.

The No. 2 U.S. automaker said the "action is to further enable us to match our business priorities with the critical skills needed to turnaround our automotive operations."

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